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Commissioned survey finds phishing, ransomware ascendant in the Philippines

There had been twice as much ransomware incidence across the Philippines the past year, with more than half of enterprises ranking them at the...

Anticipated drop in mortgage rates seen boosting residential, industrial space development

An expected monetary policy easing this year—and consequently a drop in mortgage rates--should bolster demand for residential projects and industrial space, the latest edition of Colliers Research said.

Grab Philippines deploys car services in CDO

Grab Philippines on Wednesday bared rolling out Grabcar services in Cagayan De Oro, providing its citizens a viable transport option and creating a new avenue for generating livelihood in the province. 

Manila rated long on renewable energy plans, short on actual construction

At 99,396 megawatts, the Philippines owns the largest batch of prospective wind and solar projects that have been hatched by any sovereign in southeast Asia, larger than even Vietnam's 86,218 MW, the think tank Global Energy Monitor has reported.

First-quarter Swiss challenge exercises confront airport project OPS holders

The various entities submitting unsolicited proposals to optimize the country's airport infrastructure are seen subjected to a Swiss challenge within the first three months this year.

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Special bus service to fill LRT-2 service gap

Transport authorities are rolling out a plan to ease the squeeze from limited LRT-2 operations. Transportation Secretary Giovanni Lopez has ordered the LTFRB and LRTA to study issuing special permits for buses to run the full LRT-2 route—Antipolo to Recto and back—stopping at all stations.

A simple formula may predict when AI chatbots go rogue

Artificial intelligence can sound like the smartest person in the room, until it starts giving advice that could do real harm. Now, two physicists at The George Washington University say they may have found a way to predict when that happens, using a surprisingly simple mathematical formula.

OceanaGold boosts Didipio mine safety monitoring

OceanaGold (Philippines), Inc. has improved how it monitors the tailings storage facility at its Didipio Mine, using new technology to track changes in the structure, especially during the rainy season when heavy rainfall can increase risks.

SEC raises capital requirements for stock brokers to boost market stability 

The Securities and Exchange Commission is moving to increase the minimum capital requirement for stock brokers and dealers, aiming to strengthen financial safeguards and align the local market with international standards.
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